By Tom Fairless and Todd Buell European Central Bank President Mario Draghi issued a blunt warning over the risks that low interest rates pose to the eurozone's EUR10 trillion ($10.6 trillion) economy -- just as the ECB prepares to decide ...
By Brent Kendall and Anna Wilde Mathews WASHINGTON -- Newly unsealed court testimony shows health insurers Anthem Inc. and Cigna Corp. have significant disagreements about their proposed merger, revealing new details about a rift that is highly unusual for two ...
By Kevin Baxter Oil prices fell on Tuesday, with market participants unconvinced that OPEC will reach a deal to cut production, anticipation of which that has boosted the crude market in recent weeks. The January contract for Brent, the global ...
By Kenan Machado and Kosaku Narioka Nikkei ends lower as financials suffer Caution over Italy's impending referendum and uncertainty over oil weighed on stocks in Asia on Tuesday, with investors booking modest profits to hold cash. Japan's Nikkei Stock Average ...
By Farnaz Fassihi UNITED NATIONS -- The United Nations Security Council on Wednesday is set to adopt a U.S.-led resolution aimed at slashing North Korea's coal export revenues by 60% in response to the country's nuclear test in September, U.S. ...
By David George-Cosh and Paul Vieira Uncertainty among firms remains at elevated levels in the Canadian economy and that is unlikely to dissipate until the incoming Trump administration begins to introduce "concrete" policies, Bank of Canada Gov. Stephen Poloz said ...
By Hiroyuki Kachi The dollar was slightly higher against the yen and the euro in Asian trade on Tuesday, with many investors sitting on the fence ahead of major events later this week ranging from the OPEC meeting on Wednesday ...
By Simon Zekaria and Ian Walker LONDON--The U.K.'s communications regulator said Tuesday it is pressing ahead with its order for BT Group PLC (BT.A.LN) to run its lucrative infrastructure arm as a legally separate company within the firm, dealing a ...
Eurozone businesses and consumers became more upbeat in November, although manufacturers have cut their investment plans in what appears to be a response to growing uncertainty about the prospects for world trade. A monthly survey carried out by the European ...
By Ian Walker LONDON--Ofcom said Tuesday it plans to proceed with a formal notification requiring BT Group PLC (BT.A.LN) to separate its infrastructure arm Openreach, after the telecommunications company failed to offer voluntary proposals that addressed its competition concerns. Earlier ...
By Nick Timiraos, Andrew Browne and John W. Miller If Wilbur Ross Jr. gets the nod as the next commerce secretary, as expected, he would be tasked with trying to bring home manufacturing jobs that have fled overseas, a key ...
By Kevin Baxter and Stephanie Yang Oil prices fell Tuesday, with market participants unconvinced that OPEC will reach a deal to cut production at the Wednesday meeting. Anticipation of action to limit output has boosted the crude market in recent ...
Airbus Group SE said it would shed as many as 1,164 positions in a companywide belt-tightening that will merge its corporate headquarters with that of its commercial jetliner unit. Airbus, the maker of A380 superjumbo planes and the popular A320 ...
The following are forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Wednesday 0815 ADP Jobs Nov +170K (9) +147K 0830 Personal Income Oct +0.4% (24) ...
By Dana Mattioli and Eyk Henning Praxair Inc. moved to restart negotiations with Germany's Linde AG over a combination that would create a $60 billion industrial-gas giant, two months after previous talks dissolved. Praxair approached Linde last week and negotiations ...
By Dana Mattioli and Eyk Henning Praxair Inc. moved to restart negotiations with Germany's Linde AG over a combination that would create a $60 billion industrial-gas giant, two months after previous talks dissolved. Praxair approached Linde last week and negotiations ...
By Jonathan Cheng SEOUL -- Samsung Electronics Co. said it would raise dividends and consider restructuring as the world's largest smartphone maker seeks to appease growing demand for governance reforms. Over the long term, the company said Tuesday it wants ...
A stronger yen and overnight declines in the U.S. weighed on Japan's Nikkei early Tuesday, with the index underperforming an otherwise positive session in Asian markets. The Nikkei Stock Average was down 0.2%, adding to Monday's 0.1% loss, with declines ...
By Joanne Chiu Future Land Development Holdings Ltd. (1030.HK) has agreed to jointly develop a site in China's Suzhou city with Country Garden Holdings Co. (2007.HK). The Hong Kong-listed property developer said after markets closed Monday that it had agreed ...
WASHINGTON?U.S. economic growth last quarter was stronger than initially thought and corporate profits rose, signs of continued health in the world's largest economy. Gross domestic product, a broad measure of the goods and services produced across the economy, expanded at ...